SOURCE: World Mobile Holdings, Inc

November 12, 2013 05:53 ET

World Mobile Holdings, Inc. Receives Orders for Signage Media Player System and Baby Cam

NEW YORK, NY--(Marketwired - Nov 12, 2013) - World Mobile Holdings, Inc. (OTC Pink: WMHI), a global leader in developing Image Transmission Devices (ITD), Lithium-Iron (LiFePO4) Battery Modules, and Solutions Integration for major wireless carriers around the world, is pleased to announce that the company has received two major orders for Signage Media Player System and Baby Cam from China. For the Signage Media Player System, including software platform development for the major wireless carrier from Shanghai China, the first shipment will be delivered by the end of November 2013, to be completed by January 2014. For the Baby Cam, the shipments starts in the first quarter of 2014, consistently making delivery until 2017. It will generate the revenue for the company over $20M.

"We are proud to announce this news to our shareholders and potential investors. These two orders are coming from the major wireless carrier from Shanghai China, and from the topper enterprise of China. I estimate both orders will generate the revenue to the company over $20M," commented Jason Hu, Board Chairman and CEO of World Mobile.

About World Mobile Holdings Inc:
World Mobile Holdings, Inc. provides effective processed system, and customized systems integration, such as, integration of Surveillance Systems & Multimedia Signage, integration of Lithium-Iron Battery (LiFePO4) Modules, and systems for nursing & medical centers. Cooperating with the world's leading wireless operators, World Mobile's B to B business model has valuable assets to assist the major wireless operators around the world in fulfilling their needs of 3.5G and 4G / 5G wireless information services in order to satisfy their customers.

Safe Harbor:
Certain statements in this news release are forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. These forward-looking statements can be identified by terminology such as "anticipate," "believe," "could," "estimates," "expect," "future," "intends," "may," "plans," "should," "will," and similar language.

Contact Information

  • For more information, please contact:
    World Mobile Holdings Inc.
    Ms. Samantha Jen
    917-725-3190
    samanthajen@worldmobileholdings.com
    www.worldmobileholdings.com

    Network 1 Financial Securities, Inc.
    Keith Testaverde
    The Galleria, Penthouse
    2 Bridge Avenue, Building 2
    Red Bank, NJ 07701
    (732) 758-9001
    www.network1financial.com
    Member FINRA, SIPC